Nanotechnology, in general, and nanomaterials in particular, have conferred and are continuing to confer many benefits to mankind, just as the advent of "plastics" did in previous generations. In the case of carbon nanotubes, which can be produced in vast quantities, documented methods to manage this carbon nanotube waste by recycling and or safe disposal are so minimal that it is a matter of great concern that the paucity of studies on managing carbon nanotube waste may lead to complacency. The latter could be a trigger for human illnesses, through poor handling of carbon nanotube waste. The present study investigated ways to manage recycling and disposal of waste carbon nanotubes and a limited study of some aspects of the toxicity of waste carbon nanotubes in the environment. An eclectic approach was adopted for this study, involving an application and analysis of questionnaires, to ascertain the current practices used by practitioners in carbon nanotube research, as well as experimental work to determine the potential toxicity of carbon nanotubes. This investigation was undertaken to determine if a change from current practice is warranted in the light of the potential toxicity of carbon nanotubes (CNTs). Analysis of the questionnaires revealed the use of differing practices for the recycling and disposal of engineered nanomaterials (ENMs), implying that there is a dire need for a uniform code of practice. The toxicity study showed that carbon nanotubes did not kill earthworms in soil. However, worms were observed to be highly sensitive to increased concentrations of carbon nanotubes. The leaching in a soil column test showed that the movement of carbon nanotubes was inhibited, being confined mainly to the topmost layers of the soil. This is taken to imply that the water table is safe from possible contamination by CNTs.